Placement: New Business
Action Requested: Motion / Vote
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Approval to Waive the Bidding for Good Cause Shown, Pursuant to Section 35.04(c) of the Code of Ordinances, and Negotiate the Renewal and Amended Terms to Contract No. 20100076 between the City of Port St. Lucie and Blue Cross Blue Shield of Florida, Inc. d/b/a Florida Blue
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Submitted By: Russ Blackburn, City Manager
Strategic Plan Link: The City's Mission to be financially responsible.
Summary Brief (Agreements/Contracts only)
1. Prepared by: Gehring Group o/b/o City of Port St. Lucie
2. Parties: City of Port St. Lucie and Blue Cross Blue Shield of Florida, Inc. d/b/a Florida Blue
3. Purpose: Renewal of the existing contract between the City of Port St. Lucie and Florida Blue and to waive the bidding for good cause shown.
4. New/Renewal/Modified: Renewal with modifications to terms.
5. Duration: Five (5) year contract term (10/1/21-9/30/26).
6. Benefits to Port St. Lucie: Phenomenal health coverage, increased benefits, and better incentive programs available to City employees with the least financial impact to the City.
7. Cost to Port St. Lucie (Annual and Potential): Administrative Fees will increase incrementally over the 5 year term of the Contract. The total Administrative Fee expenditure over the 5 year term will amount to $3,713,415.00 broken down as follows: (1) $716,717.00 in FY 21-22; (2) $743,213.00 in FY 22-23; (3) $743,213.00 in FY 23-24; (4) $743,213.00 in FY 24-25; and (5) $767,059.00 in FY 25-26. The Wellness Initiative expenditure over the 5 year term will amount to $375,000.00 ($75,000.00 per year).
Presentation Information: City Staff and Gehring Group have prepared a brief presentation.
Staff Recommendation: Move that the Council waive the bidding process and direct staff to negotiate the terms of a renewal contract with Florida Blue.
Alternate Recommendations:
1. Move that the Council amend the recommendation and waive the bidding process and direct staff to ...
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